The global Embedded Insurance market was valued at $ 78,693.58 million premiums in 2023 and is anticipated to reach $ 175,216.42 million by 2030, witnessing a CAGR of 11.63% during the forecast period 2024-2030.
North American market for Embedded Insurance is estimated to increase from $16,710.35 million in 2023 to reach $35,190.87 million by 2030, at a CAGR of 11.02% during the forecast period of 2024 through 2030.
Asia-Pacific market for Embedded Insurance is estimated to increase from $ 30,344.52 million in 2023 to reach $ 67,650.44 million by 2030, at a CAGR of 11.45% during the forecast period of 2024 through 2030.
The global market for Embedded Insurance in Travel and Hospitality is estimated to increase from $18,806.57 million in 2023 to $37,052.72 million by 2030, at a CAGR of 9.67 % during the forecast period of 2024 through 2030.
The major global companies of Embedded Insurance include Travelers Insurance, Cover Genius, Metromile, Qover, Hokodo Services, ELEMENT Insurance, Bsurance, Simplesurance, and Kasko, etc. In 2023, the world's top three vendors accounted for approximately 34.32 % of the premium.
This report aims to provide a comprehensive presentation of the global market for Embedded Insurance, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Embedded Insurance.
The Embedded Insurance market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Embedded Insurance market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Embedded Insurance companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Global Embedded Insurance Companies Covered
Travelers Insurance, Cover Genius, Metromile, Qover, Hokodo Services, ELEMENT Insurance, Bsurance, Simplesurance, Kasko, Wrisk Transfer, Extracover, Penni.io
Global Embedded Insurance Market, Segment by Type
Life Insurance
Non-Life Insurance
Global Embedded Insurance Market, Segment by Application
Travel and Hospitality
Automotive
Consumer Products
Real Estate
Others
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Embedded Insurance company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
1 Report Overview 1
1.1 Study Scope 1
1.2 Market Analysis by Type 1
1.2.1 Global Embedded Insurance Market Size Growth Rate by Type: 2019 VS 2023 VS 2030 1
1.2.2 Life Insurance 3
1.2.3 Non-Life Insurance 3
1.3 Market by Application 3
1.3.1 Global Embedded Insurance Market Growth by Application: 2019 VS 2023 VS 2030 4
1.3.2 Travel and Hospitality 6
1.3.3 Automotive 7
1.3.4 Consumer Products 7
1.3.5 Real Estate 8
1.3.6 Others 8
1.4 Assumptions and Limitations 9
1.5 Study Objectives 10
1.6 Years Considered 10
2 Global Growth Trends 11
2.1 Global Embedded Insurance Market Perspective (2019-2030) 11
2.2 Global Embedded Insurance Growth Trends by Region 12
2.2.1 Global Embedded Insurance Market Size by Region: 2019 VS 2023 VS 2030 13
2.2.2 Embedded Insurance Historic Market Size by Region (2019-2024) 14
2.2.3 Embedded Insurance Forecasted Market Size by Region (2025-2030) 15
2.3 Embedded Insurance Market Dynamics 15
2.3.1 Embedded Insurance Industry Trends 15
2.3.2 Embedded Insurance Market Drivers 16
2.3.3 Embedded Insurance Market Challenges 17
2.3.4 Embedded Insurance Market Restraints 17
3 Competition Landscape by Key Players 19
3.1 Global Top Embedded Insurance Players by Revenue 19
3.1.1 Global Top Embedded Insurance Players by Revenue (2019-2023) 19
3.1.2 Global Embedded Insurance Revenue Market Share by Players (2019-2023) 20
3.2 Global Embedded Insurance Market Share by Company Type (Tier 1, Tier 2, and Tier 3) 20
3.3 Global Key Players Ranking by Embedded Insurance Revenue 22
3.4 Global Embedded Insurance Market Concentration Ratio 22
3.4.1 Global Embedded Insurance Market Concentration Ratio (CR5 and HHI) 22
3.4.2 Global Top 5 Companies by Embedded Insurance Revenue in 2023 23
3.5 Global Key Players of Embedded Insurance Headquarters 24
3.6 Global Key Players of Embedded Insurance, Date of Establishment Time 24
3.7 Mergers & Acquisitions, Expansion Plans 25
4 Embedded Insurance Breakdown Data by Type 26
4.1 Global Embedded Insurance Historic Market Size by Type (2019-2024) 26
4.2 Global Embedded Insurance Forecasted Market Size by Type (2025-2030) 27
5 Embedded Insurance Breakdown Data by Application 28
5.1 Global Embedded Insurance Historic Market Size by Application (2019-2024) 28
5.2 Global Embedded Insurance Forecasted Market Size by Application (2025-2030) 29
6 North America 30
6.1 North America Embedded Insurance Market Size (2019-2030) 30
6.2 North America Embedded Insurance Market Growth Rate by Country: 2019 VS 2023 VS 2030 30
6.3 North America Embedded Insurance Market Size by Country (2019-2024) 31
6.4 North America Embedded Insurance Market Size by Country (2025-2030) 31
6.5 United States 32
6.6 Canada 33
7 Europe 34
7.1 Europe Embedded Insurance Market Size (2019-2030) 34
7.2 Europe Embedded Insurance Market Growth Rate by Country: 2019 VS 2023 VS 2030 34
7.3 Europe Embedded Insurance Market Size by Country (2019-2024) 35
7.4 Europe Embedded Insurance Market Size by Country (2025-2030) 35
7.5 Germany 36
7.6 France 37
7.7 U.K. 38
7.8 Italy 38
7.9 Spain 39
8 Asia-Pacific 40
8.1 Asia-Pacific Embedded Insurance Market Size (2019-2030) 40
8.2 Asia-Pacific Embedded Insurance Market Growth Rate by Country: 2019 VS 2023 VS 2030 40
8.3 Asia-Pacific Embedded Insurance Market Size by Region (2019-2024) 41
8.4 Asia-Pacific Embedded Insurance Market Size by Region (2025-2030) 41
8.5 China 42
8.6 Japan 43
8.7 South Korea 44
8.8 Southeast Asia 45
8.9 India 46
9 Latin America 47
9.1 Latin America Embedded Insurance Market Size (2019-2030) 47
9.2 Latin America Embedded Insurance Market Growth Rate by Country: 2019 VS 2023 VS 2030 47
9.3 Latin America Embedded Insurance Market Size by Country (2019-2024) 48
9.4 Latin America Embedded Insurance Market Size by Country (2025-2030) 48
9.5 Mexico 49
9.6 Brazil 50
10 Middle East & Africa 51
10.1 Middle East & Africa Embedded Insurance Market Size (2019-2030) 51
10.2 Middle East & Africa Embedded Insurance Market Growth Rate by Country: 2019 VS 2023 VS 2030 51
10.3 Middle East & Africa Embedded Insurance Market Size by Country (2019-2024) 52
10.4 Middle East & Africa Embedded Insurance Market Size by Country (2025-2030) 52
10.5 Turkey 53
10.6 GCC Countries 54
10.7 South Africa 55
11 Key Players Profiles 56
11.1 Travelers Insurance 56
11.1.1 Travelers Insurance Company Details 56
11.1.2 Travelers Insurance Business Overview 56
11.1.3 Travelers Insurance Embedded Insurance Introduction 57
11.1.4 Travelers Insurance Premium in Embedded Insurance Business (2019-2023) 57
11.2 Cover Genius 58
11.2.1 Cover Genius Company Details 58
11.2.2 Cover Genius Business Overview 58
11.2.3 Cover Genius Embedded Insurance Introduction 58
11.2.4 Cover Genius Premium in Embedded Insurance Business (2019-2023) 59
11.3 Metromile 60
11.3.1 Metromile Company Details 60
11.3.2 Metromile Business Overview 60
11.3.3 Metromile Embedded Insurance Introduction 60
11.3.4 Metromile Premium in Embedded Insurance Business (2019-2023) 61
11.4 Qover 61
11.4.1 Qover Company Details 61
11.4.2 Qover Business Overview 62
11.4.3 Qover Embedded Insurance Introduction 62
11.4.4 Qover Premium in Embedded Insurance Business (2019-2023) 62
11.5 Hokodo Services 63
11.5.1 Hokodo Services Company Details 63
11.5.2 Hokodo Services Business Overview 63
11.5.3 Hokodo Services Embedded Insurance Introduction 64
11.5.4 Hokodo Services Premium in Embedded Insurance Business (2019-2023) 64
11.6 ELEMENT Insurance 64
11.6.1 ELEMENT Insurance Company Details 64
11.6.2 ELEMENT Insurance Business Overview 65
11.6.3 ELEMENT Insurance Embedded Insurance Introduction 65
11.6.4 ELEMENT Insurance Premium in Embedded Insurance Business (2019-2023) 66
11.7 Bsurance 66
11.7.1 Bsurance Company Details 66
11.7.2 Bsurance Business Overview 66
11.7.3 Bsurance Embedded Insurance Introduction 67
11.7.4 Bsurance Premium in Embedded Insurance Business (2019-2023) 67
11.8 Simplesurance 67
11.8.1 Simplesurance Company Details 67
11.8.2 Simplesurance Business Overview 68
11.8.3 Simplesurance Embedded Insurance Introduction 68
11.8.4 Simplesurance Premium in Embedded Insurance Business (2019-2023) 69
11.9 Kasko 69
11.9.1 Kasko Company Details 69
11.9.2 Kasko Business Overview 69
11.9.3 Kasko Embedded Insurance Introduction 70
11.9.4 Kasko Premium in Embedded Insurance Business (2019-2023) 70
11.10 Wrisk Transfer 70
11.10.1 Wrisk Transfer Company Details 70
11.10.2 Wrisk Transfer Business Overview 71
11.10.3 Wrisk Transfer Embedded Insurance Introduction 71
11.10.4 Wrisk Transfer Premium in Embedded Insurance Business (2019-2023) 71
11.11 Extracover 72
11.11.1 Extracover Company Details 72
11.11.2 Extracover Business Overview 72
11.11.3 Extracover Embedded Insurance Introduction 73
11.11.4 Extracover Premium in Embedded Insurance Business (2019-2023) 73
11.12 Penni.io 73
11.12.1 Penni.io Company Details 73
11.12.2 Penni.io Business Overview 74
11.12.3 Penni.io Embedded Insurance Introduction 74
11.12.4 Penni.io Premium in Embedded Insurance Business (2019-2023) 74
12 Analyst's Viewpoints/Conclusions 75
13 Appendix 76
13.1 Research Methodology 76
13.1.1 Methodology/Research Approach 76
13.1.2 Data Source 79
13.2 Author Details 82
13.3 Disclaimer 82
Table 1. Global Embedded Insurance Market Size Growth Rate by Type (US$ Million): 2019 VS 2023 VS 2030 1
Table 2. Global Embedded Insurance Market Size Growth by Application (US$ Million): 2019 VS 2023 VS 2030 4
Table 3. Global Embedded Insurance Market Size by Region (US$ Million): 2019 VS 2023 VS 2030 13
Table 4. Global Embedded Insurance Market Size by Region (2019-2024) & (US$ Million) 14
Table 5. Global Embedded Insurance Market Share by Region (2019-2024) 14
Table 6. Global Embedded Insurance Forecasted Market Size by Region (2025-2030) & (US$ Million) 15
Table 7. Global Embedded Insurance Market Share by Region (2025-2030) 15
Table 8. Embedded Insurance Market Trends 15
Table 9. Embedded Insurance Market Drivers 16
Table 10. Embedded Insurance Market Challenges 17
Table 11. Embedded Insurance Market Restraints 17
Table 12. Global Embedded Insurance Revenue by Players (2019-2023) & (US$ Million) 19
Table 13. Global Embedded Insurance Market Share by Players (2019-2023) 20
Table 14. Global Top Embedded Insurance Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Embedded Insurance as of 2023) 20
Table 15. Ranking of Global Top Embedded Insurance Companies by Revenue (US$ Million) in 2023 22
Table 16. Global 5 Largest Players Market Share by Embedded Insurance Revenue (CR5 and HHI) & (2019-2023) 23
Table 17. Global Key Players of Embedded Insurance Headquarters 24
Table 18. Global Key Players of Embedded Insurance, Date of Establishment Time 24
Table 19. Mergers & Acquisitions, Expansion Plans 25
Table 20. Global Embedded Insurance Market Size by Type (2019-2024) & (US$ Million) 26
Table 21. Global Embedded Insurance Revenue Market Share by Type (2019-2024) 26
Table 22. Global Embedded Insurance Forecasted Market Size by Type (2025-2030) & (US$ Million) 27
Table 23. Global Embedded Insurance Revenue Market Share by Type (2025-2030) 27
Table 24. Global Embedded Insurance Market Size by Application (2019-2024) & (US$ Million) 28
Table 25. Global Embedded Insurance Revenue Market Share by Application (2019-2024) 28
Table 26. Global Embedded Insurance Forecasted Market Size by Application (2025-2030) & (US$ Million) 29
Table 27. Global Embedded Insurance Revenue Market Share by Application (2025-2030) 29
Table 28. North America Embedded Insurance Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030 30
Table 29. North America Embedded Insurance Market Size by Country (2019-2024) & (US$ Million) 31
Table 30. North America Embedded Insurance Market Size by Country (2025-2030) & (US$ Million) 31
Table 31. Europe Embedded Insurance Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030 34
Table 32. Europe Embedded Insurance Market Size by Country (2019-2024) & (US$ Million) 35
Table 33. Europe Embedded Insurance Market Size by Country (2025-2030) & (US$ Million) 35
Table 34. Asia-Pacific Embedded Insurance Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030 40
Table 35. Asia-Pacific Embedded Insurance Market Size by Region (2019-2024) & (US$ Million) 41
Table 36. Asia-Pacific Embedded Insurance Market Size by Region (2025-2030) & (US$ Million) 41
Table 37. Latin America Embedded Insurance Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030 47
Table 38. Latin America Embedded Insurance Market Size by Country (2019-2024) & (US$ Million) 48
Table 39. Latin America Embedded Insurance Market Size by Country (2025-2030) & (US$ Million) 48
Table 40. Middle East & Africa Embedded Insurance Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030 51
Table 41. Middle East & Africa Embedded Insurance Market Size by Country (2019-2024) & (US$ Million) 52
Table 42. Middle East & Africa Embedded Insurance Market Size by Country (2025-2030) & (US$ Million) 52
Table 43. Travelers Insurance Company Details 56
Table 44. Travelers Insurance Business Overview 56
Table 45. Travelers Insurance Embedded Insurance Product 57
Table 46. Travelers Insurance Premium in Embedded Insurance Business (2019-2023) & (US$ Million) 57
Table 47. Cover Genius Company Details 58
Table 48. Cover Genius Business Overview 58
Table 49. Cover Genius Embedded Insurance Product 58
Table 50. Cover Genius Premium in Embedded Insurance Business (2019-2023) & (US$ Million) 59
Table 51. Metromile Company Details 60
Table 52. Metromile Business Overview 60
Table 53. Metromile Embedded Insurance Product 60
Table 54. Metromile Premium in Embedded Insurance Business (2019-2023) & (US$ Million) 61
Table 55. Qover Company Details 61
Table 56. Qover Business Overview 62
Table 57. Qover Embedded Insurance Product 62
Table 58. Qover Premium in Embedded Insurance Business (2019-2023) & (US$ Million) 62
Table 59. Hokodo Services Company Details 63
Table 60. Hokodo Services Business Overview 63
Table 61. Hokodo Services Embedded Insurance Product 64
Table 62. Hokodo Services Premium in Embedded Insurance Business (2019-2023) & (US$ Million) 64
Table 63. ELEMENT Insurance Company Details 64
Table 64. ELEMENT Insurance Business Overview 65
Table 65. ELEMENT Insurance Embedded Insurance Product 65
Table 66. ELEMENT Insurance Premium in Embedded Insurance Business (2019-2023) & (US$ Million) 66
Table 67. Bsurance Company Details 66
Table 68. Bsurance Business Overview 66
Table 69. Bsurance Embedded Insurance Product 67
Table 70. Bsurance Premium in Embedded Insurance Business (2019-2023) & (US$ Million) 67
Table 71. Simplesurance Company Details 67
Table 72. Simplesurance Business Overview 68
Table 73. Simplesurance Embedded Insurance Product 68
Table 74. Simplesurance Premium in Embedded Insurance Business (2019-2023) & (US$ Million) 69
Table 75. Kasko Company Details 69
Table 76. Kasko Business Overview 69
Table 77. Kasko Embedded Insurance Product 70
Table 78. Kasko Premium in Embedded Insurance Business (2019-2023) & (US$ Million) 70
Table 79. Wrisk Transfer Company Details 70
Table 80. Wrisk Transfer Business Overview 71
Table 81. Wrisk Transfer Embedded Insurance Product 71
Table 82. Wrisk Transfer Premium in Embedded Insurance Business (2019-2023) & (US$ Million) 71
Table 83. Extracover Company Details 72
Table 84. Extracover Business Overview 72
Table 85. Extracover Embedded Insurance Product 73
Table 86. Extracover Premium in Embedded Insurance Business (2019-2023) & (US$ Million) 73
Table 87. Penni.io Company Details 73
Table 88. Penni.io Business Overview 74
Table 89. Penni.io Embedded Insurance Product 74
Table 90. Penni.io Premium in Embedded Insurance Business (2019-2023) & (US$ Million) 74
Table 91. Research Programs/Design for This Report 76
Table 92. Key Data Information from Secondary Sources 80
Table 93. Key Data Information from Primary Sources 81
Table 94. Authors List of This Report 82
List of Figures
Figure 1. Global Embedded Insurance Market Size Comparison by Type (2024-2030) & (US$ Million) 2
Figure 2. Global Embedded Insurance Market Share by Type: 2023 3
Figure 3. Global Embedded Insurance Market Size by Application (2024-2030) & (US$ Million) 5
Figure 4. Global Embedded Insurance Market Share by Application: 2023 VS 2030 6
Figure 5. Travel and Hospitality Case Studies 6
Figure 6. Automotive Case Studies 7
Figure 7. Consumer Products Case Studies 7
Figure 8. Real Estate Case Studies 8
Figure 9. Others Case Studies 8
Figure 10. Embedded Insurance Report Years Considered 10
Figure 11. Global Embedded Insurance Market Size (US$ Million), Year-over-Year: 2019-2030 11
Figure 12. Global Embedded Insurance Market Size, (US$ Million), 2019 VS 2023 VS 2030 12
Figure 13. Global Embedded Insurance Market Share by Region: 2023 VS 2030 13
Figure 14. Global Top Embedded Insurance Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Embedded Insurance as of 2023) 21
Figure 15. The Top 5 Players Market Share by Embedded Insurance Revenue in 2023 23
Figure 16. North America Embedded Insurance Market Size YoY Growth (2019-2030) & (US$ Million) 30
Figure 17. North America Embedded Insurance Market Share by Country (2019-2030) 32
Figure 18. United States Embedded Insurance Market Size YoY Growth (2019-2030) & (US$ Million) 32
Figure 19. Canada Embedded Insurance Market Size YoY Growth (2019-2030) & (US$ Million) 33
Figure 20. Europe Embedded Insurance Market Size YoY Growth (2019-2030) & (US$ Million) 34
Figure 21. Europe Embedded Insurance Market Share by Country (2019-2030) 36
Figure 22. Germany Embedded Insurance Market Size YoY Growth (2019-2030) & (US$ Million) 36
Figure 23. France Embedded Insurance Market Size YoY Growth (2019-2030) & (US$ Million) 37
Figure 24. U.K. Embedded Insurance Market Size YoY Growth (2019-2030) & (US$ Million) 38
Figure 25. Italy Embedded Insurance Market Size YoY Growth (2019-2030) & (US$ Million) 38
Figure 26. Spain Embedded Insurance Market Size YoY Growth (2019-2030) & (US$ Million) 39
Figure 27. Asia-Pacific Embedded Insurance Market Size YoY Growth (2019-2030) & (US$ Million) 40
Figure 28. Asia-Pacific Embedded Insurance Market Share by Region (2019-2030) 42
Figure 29. China Embedded Insurance Market Size YoY Growth (2019-2030) & (US$ Million) 42
Figure 30. Japan Embedded Insurance Market Size YoY Growth (2019-2030) & (US$ Million) 43
Figure 31. South Korea Embedded Insurance Market Size YoY Growth (2019-2030) & (US$ Million) 44
Figure 32. Southeast Asia Embedded Insurance Market Size YoY Growth (2019-2030) & (US$ Million) 45
Figure 33. India Embedded Insurance Market Size YoY Growth (2019-2030) & (US$ Million) 46
Figure 34. Latin America Embedded Insurance Market Size YoY Growth (2019-2030) & (US$ Million) 47
Figure 35. Latin America Embedded Insurance Market Share by Country (2019-2030) 49
Figure 36. Mexico Embedded Insurance Market Size YoY Growth (2019-2030) & (US$ Million) 49
Figure 37. Brazil Embedded Insurance Market Size YoY Growth (2019-2030) & (US$ Million) 50
Figure 38. Middle East & Africa Embedded Insurance Market Size YoY Growth (2019-2030) & (US$ Million) 51
Figure 39. Middle East & Africa Embedded Insurance Market Share by Country (2019-2030) 53
Figure 40. Turkey Embedded Insurance Market Size YoY Growth (2019-2030) & (US$ Million) 53
Figure 41. GCC Countries Embedded Insurance Market Size YoY Growth (2019-2030) & (US$ Million) 54
Figure 42. South Africa Embedded Insurance Market Size YoY Growth (2019-2030) & (US$ Million) 55
Figure 43. Bottom-up and Top-down Approaches for This Report 78
Figure 44. Data Triangulation 79
Figure 45. Key Executives Interviewed 81
► Intelligent insights to take informed business decisions.
► Qualitative and quantitative analysis of the market.
► Market size and forecasts from 2024 to 2030.
► Opportunities for expansion and in-depth market analysis.
► Segmentation and regional revenue forecasts.
► Analysis of the market share and competitive landscape.
► Strategic recommendations for future growth.
► A comprehensive market research report in PDF or PPT formats.
► Access to our analysts to learn more about the report and get answers to your specific business questions.
► The option to customize the report to meet your specific needs, such as adding more countries or regions or developing abusiness case to launch a new product.